Terreno Realty Corporation (TRNO)

NYSE: TRNO · Real-Time Price · USD
59.93
-0.59 (-0.97%)
Nov 20, 2024, 4:00 PM EST - Market closed
-0.97%
Market Cap 5.98B
Revenue (ttm) 365.40M
Net Income (ttm) 165.21M
Shares Out 99.74M
EPS (ttm) 1.79
PE Ratio 33.47
Forward PE 37.22
Dividend $1.96 (3.27%)
Ex-Dividend Date Sep 30, 2024
Volume 490,849
Open 60.16
Previous Close 60.52
Day's Range 59.64 - 60.25
52-Week Range 53.78 - 71.63
Beta 0.92
Analysts Hold
Price Target 69.00 (+15.13%)
Earnings Date Nov 6, 2024

About TRNO

Terreno Realty Corporation (“Terreno”, and together with its subsidiaries, the “Company”) acquires, owns and operates industrial real estate in six major coastal U.S. markets: Los Angeles, Northern New Jersey/New York City, San Francisco Bay Area, Seattle, Miami, and Washington, D.C. All square feet, acres, occupancy and number of properties disclosed in these notes to the consolidated financial statements are unaudited. As of December 31, 2023, the Company owned 259 buildings aggregating approximately 16.0 million square feet, 45 improved land... [Read more]

Sector Real Estate
IPO Date Feb 10, 2010
Employees 42
Stock Exchange NYSE
Ticker Symbol TRNO
Full Company Profile

Financial Performance

In 2023, Terreno Realty's revenue was $323.59 million, an increase of 17.15% compared to the previous year's $276.21 million. Earnings were $150.75 million, a decrease of -23.54%.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for TRNO stock is "Hold." The 12-month stock price forecast is $69.0, which is an increase of 15.13% from the latest price.

Price Target
$69.0
(15.13% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Terreno Realty Corporation Announces Redevelopment Completion in Hawthorne, CA

BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation Announces Redevelopment Completion in Hawthorne, CA.

2 days ago - Business Wire

Terreno Realty Corporation Sells Property in Union City, CA for $13.0 Million

BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation Sells Property in Union City, CA for $13.0 Million.

5 days ago - Business Wire

Terreno Realty Corporation Announces Lease Renewal in Jamaica Queens, NY

BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation Announces Lease Renewal in Jamaica Queens, NY.

13 days ago - Business Wire

Terreno Realty Corporation Declares Quarterly Dividend, Announces New Stock Repurchase Program and Files Third Quarter 2024 Financial Statements

BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation Declares Quarterly Dividend, Announces New Stock Repurchase Program and Files Third Quarter 2024 Financial Statements.

14 days ago - Business Wire

Terreno Realty Corporation Announces Development Start in Hialeah, FL

BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation Announces Development Start in Hialeah, FL -Building 34 70% pre-leased.

23 days ago - Business Wire

Terreno Realty Corporation Announces Quarterly Operating, Investment and Capital Markets Activity

BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation Announces Quarterly Operating, Investment and Capital Markets Activity.

6 weeks ago - Business Wire

FMR LLC Bolsters Stake in Terreno Realty Corp

On September 30, 2024, FMR LLC (Trades, Portfolio), a prominent investment firm, expanded its holdings in Terreno Realty Corp (TRNO, Financial) by acquiring an additional 1,460,862 shares. This transa...

6 weeks ago - GuruFocus

Terreno Realty Corporation Announces Lease in Elizabeth, NJ

BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation Announces Lease in Elizabeth, NJ.

7 weeks ago - Business Wire

Terreno Realty Corporation Announces Development Completion in Hialeah, FL

BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation Announces Development Completion in Hialeah, FL.

7 weeks ago - Business Wire

13 Upcoming Dividend Increases Including 2 Kings

Next week features 13 dividend increases, including Illinois Tool Works (7.4%) and Federal Realty Investment Trust (0.9%), both Dividend Kings. My strategy focuses on buying, holding, and adding compa...

7 weeks ago - Seeking Alpha

Terreno Realty Corporation Closes $800 Million Unsecured Credit Facility

BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation Closes $800 Million Unsecured Credit Facility.

2 months ago - Business Wire

Terreno Realty: Valuation Premium Makes It Inferior Pick In The Industrial Sector

Terreno Realty Corporation operates in high-density coastal markets with a strong portfolio, focusing on warehouse, light industrial, R&D, and transshipment properties. Despite market oversupply and c...

2 months ago - Seeking Alpha

Terreno Realty: Strong NOI Growth Is Already Priced In

Terreno Realty is an industrial REIT focused on Warehouse/distribution properties, with the company's largest market being Northern New Jersey/New York City. The shares have marginally outperformed th...

2 months ago - Seeking Alpha

Terreno Realty Corporation Announces Leases in Sunnyvale, CA

BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation Announces Leases in Sunnyvale, CA.

3 months ago - Business Wire

Terreno Realty Corporation Announces Lease in San Leandro, CA

BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation Announces Lease in San Leandro, CA.

3 months ago - Business Wire

Terreno Realty Corporation Announces Lease Renewal in Torrance, CA

BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation Announces Lease Renewal in Torrance, CA.

3 months ago - Business Wire

Terreno Realty Corporation Increases Quarterly Dividend by 8.9% and Files Second Quarter 2024 Financial Statements

BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation Increases Quarterly Dividend by 8.9% and Files Second Quarter 2024 Financial Statements.

3 months ago - Business Wire

Terreno Realty Corporation Acquires Property in Washington, D.C. for $7.6 Million

BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation Acquires Property in Washington, D.C. for $7.6 Million.

3 months ago - Business Wire

Terreno Realty Corporation Announces Lease in Hialeah, FL

BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation Announces Lease in Hialeah, FL.

3 months ago - Business Wire

The REIT Way To Invest

Stocks, especially the tech-heavy Nasdaq, plummeted on Wednesday with the Dow dropping 1.25%, S&P 500 falling 2.31%, and Nasdaq cratering 3.64%. Tech stocks took a hit after lackluster Alphabet and Te...

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4 months ago - Seeking Alpha

Terreno Realty Corporation Announces Lease Renewal in Carson, CA

BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation Announces Lease Renewal in Carson, CA.

4 months ago - Business Wire

2 Under-The-Radar REITs

Marko Kolanovic predicts a stock market plunge of more than 20% to 4,200 by the end of the year. Historically, positive first-half returns for the S&P 500 lead to positive second-half returns, but ele...

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5 months ago - Seeking Alpha

The State Of REITs: June 2024 Edition

After a rough start to the year, REITs partially bounced back in May with a +2.51% average total return. Small-cap REITs (-0.48%) averaged a negative return in May, but micro caps (+5.09%), large caps...

5 months ago - Seeking Alpha

Terreno Realty Corporation Adds Independent Director

BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation Adds Independent Director.

6 months ago - Business Wire

Terreno Realty Corporation Announces Leases in Fremont, CA

BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation Announces Leases in Fremont, CA.

6 months ago - Business Wire